Miko's Blog for
Mar 29, 2012 (11:00 p.m.)
PSE, along with Jakarta and Kuala Lumpur, were the only markets up in
the whole Asian region today. Could the funds be shifting back to
big story of the day was PHES. I knew that the stock would rally but
0.89 by the close?! Wow! Obviously, we won't see 0.68 anymore anytime
soon. I can't believe PHES was even stronger than the much lighter ACE.
when I thought the ceiling plays were over, here comes VVT. ECP tried to
do it but couldn't quite make it.
new parabolas of the day - RFM and JGS. Do you notice that there is at
least one parabola happening everyday among the second-line issues? Wow!
The race is on on who's going to be next.
can't believe NIKL still went higher today.
is awfully quiet. Maybe he's on vacation.
There was a huge P1.5 billion block sale in AT today. Should we care? I
don't see anything in the chart.
Tomorrow is the last day of the quarter. Could there be some
Mar 28, 2012 (11:00 p.m.)
just a couple of plays from a select number of issues, the whole market
still looks lazy to me. I expect both volume and volatility to decrease
further as we enter the Holy Week unless, of course, world markets
was particularly exceptional but, with the company already announcing
its earnings and dividends today, could this already be a "sell on the
saw UBS buying MARC today and I was thinking to myself. Hmmm, could this
be the same guys playing CHI. When I checked the PSE stock quotation
report at the end of the day, UBS was a true foreign buyer. Bottom today
Mar 27, 2012 (11:30 p.m.)
came back from a short vacation. I think I should have extended it up to
the Holy week.
markets held above their support levels and is continuing to trend up
but, although the market was up by 48 points today, I hardly felt it.
Foreign brokers seem to be very aggressive in buying CHI in the last
couple of days. Mind you though, that I said "foreign brokers", not
"foreign buying". There is a huge difference. Notice that buying of
these "foreigners" are almost equal to the selling of COL. Who cares
though as long as it continues to go higher.
While JAP stocks seems to be in the doldrums, there was a semi-panic in
Gatchi stocks today. Could this be a chance to get out or an opportunity
to get in? I'm leaning towards the latter but we'll probably know by the
end of the week.
Notice that the ceiling plays have suddenly stopped once again. EURO
tried to do it today but no one dared try bidding up at the ceiling. I
guess some people have started getting burned by these ceiling plays
Mar 22, 2012 (11:00 p.m.)
Sachs just announced that stocks right now are at a buying opportunity
of a lifetime. Those analysts must be on drugs. Aren't they like 7000
points late in giving this call on the Dow?
be out for a short vacation during the weekend, thus, the next update of
Tsupitero.com will already be on April 2, 2012. I'll update my blog on
Monday though when I come back.
Mar 22, 2012 (7:30 p.m.)
Fields has exercised the option after all and it is not true that there
will be an investigation by the PSE on JAP stocks. All's well that ends
Could it be that LC have formed a medium-term trough already?
couple of issues went to the ceiling again today - GPH, LSC and 2GO
(formerly ATS). GPH is not a true ceiling. 2GO did not close at the
ceiling anymore, which may indicate that it has already reached its
peak. LSC, on the other hand, is a true ceiling but ... no comment. :-)
Nowadays, the money is made on these ceiling plays. Tough to trade the
big caps or the second-liners. Tough to trade JAP. Tough to trade
everything else. No ceiling, no buying!
Could it be that the market has already peaked in the medium-term at
5146? I've been trying to predict a peak in this market for quite
sometime now. I'm bound to be right one of these days (haha).
Mar 21, 2012 (11:00 p.m.)
of a sudden, there are bad news everywhere...
true is it that Gold Fields did not pay LC? Wasn't he suppose to pay LC
yesterday? Now, we know why LC has been dropping like a rock.
true is it that the PSE will be investigating all the JAP stocks for
price manipulation? I guess that explains why the sudden weakness in all
the JAP issues today.
the first time in so many weeks, foreign funds were net sellers today.
Could we have finally peaked at 5146?
lot of issues are trying to go to the ceiling but a lot of them are
failing. For today, only those who bought ATS are the lucky ones.
Mar 20, 2012 (11:30 p.m.)
While BLOOM and LMG continued to drop, MAKE went its separate way and
climbed back up. This obviously indicates that MAKE is stronger than the
like to congratulate my comrades in HDI Securities as their ACR is
finally up and running. After being locked up for more than a year, they
are finally feeling the fruits of their labor.
currently down 75 points as of this writing. Could this be the start of
a much bigger correction or could this be another opportunity to buy? I
hardly felt the downswing of the market today. I sure hope I don't feel
Mar 19, 2012 (11:30 p.m.)
High-flyers BLOOM, MAKE and LMG seems to have lost their steam today.
Obviously, they formed short-term peaks today. Although these stocks are
not in any way related with each other, the market is now grouping them
in one sector - the ultra-basura sector. If one starts to drop, the
others may follow and vice versa.
Gatchi and JAP stocks are on the move once again. Market is now pricing
in a "sure" one peso for PHES. Could it also be pricing in a "sure"
50.00 for DIZ?
Tsupiteros and Position-traders alike need to place one eye on the most
important stock in the planet - AAPL. Where AAPL goes, the whole world
goes along with it.
Mar 17, 2012 (2:00 p.m.)
Parabolic spike in the works! Are we going to break 5200? Certainly not
impossible but we should be nearing the end of this 1000 point run from
4200. Tough to say where or when the exact peak will be though.
Stocks doing parabolic spikes like AGI, DMC and MPI, I would avoid
already at this point.
BLOOM, MAKE and LMG have started the rotation to the 3rd line sector.
With most big caps now being overbought, time to look for something
has been been consolidating for quite a while already. Could it be time
for them to shine again as well? DIZ and ORE appears to be leading the
LC and MA finally bottom-out yesterday?
Among the big caps/second-liners, there is just one sector that I like
right now - properties!
Mar 16, 2012 (1:00 a.m.)
about a weird market. PSEi was up but there were more decliners than
advancers. Some big caps doing parabolic spikes yet others are dropping
like a rock. After 3 months of non-stop ascent by the market, I'm
starting to get fatigued already. A lot of stocks getting whipsawish
already. Year to date, foreign funds have already bought P20 billion
worth of Philippine stocks. Will they still buy more? I have no idea
when this run-up will end but I'm no longer fearful of getting left out.
I have a 5200 on the PSEi and a 13500 on the Dow. Time to quit while
you're ahead, or, just continue playing and just accept the fact that
you'll get hit in the end?
Mar 15, 2012 (6:30 a.m.)
Can't understand why some people still buying DGTL. Isn't that going to
be delisted already on the 26th?
the wild, wild, west with JAP. If you're going to trade JAP, be sure to
check with your doctor first before trading.
Gold form a lower high? Could it actually be toppish? Major support is
pegged at 1500.
CHIPS finally breakout from its very looooooooong consolidation?
Absolutely no one buying CHIPS in the last few months except the jockey!
Gatchi and Chucky related brokers aggressively buying ACE. Something big
must be coming up very, very soon!
Mar 13, 2012 (7:00 p.m.)
market just doesn't want to die (haha). It's quite frustrating really
for the bears and, even if you are a bull, you got to pick the right
stock because this bull market isn't exactly a dart board. It's very
don't know what's the news with the banking sector but something
obviously triggered its run-up today.
is on the move once again but not all JAP stocks are moving. A friend of
mine is just holding all of it so that he doesn't miss any of his moves.
While everybody is so busy with either PHES, WIN or WPI, the real
jackpot Gatchi stock is actually ACE.
Mar 12, 2012 (9:30 p.m.)
GREEN is definitely green. I hope it doesn't turn red tomorrow.
my day! Unbelievable! I bet everybody's going to start changing names by
Other than that, the whole market seems to be stalling. Time to take a
Mar 12, 2012 (12:00 a.m.)
Something very fishy happened in WPI last Friday. CLSA crossed 80
million shares at 0.69 and 0.70 last Friday and the market viewed it as
a sign that the last batch of selling of CLSA was over and done with.
From out of nowhere, Abacus and Papa aggressively sold down the stock.
Eversince I've been monitoring this stock, I don't think I've ever seen
Abacus and Papa accumulate the stock down below so, could this be a
long-time "ipit"? Maybe but, notice that, if you combine the selling of
both Abacus and Papa for the day, it comes out to almost 80 million
shares as well. From the way I see it, Abacus and Papa bought out CLSA
indeed, then, dumped it on the public. But why would they sell down if
they bought the shares at P0.69 and P0.70? The conspiracy theory mind of
mine is thinking, that isn't the real cost of the transaction.
After being very strong last Thursday, LIHC all of a sudden just gapped
down by 4 cents without any reason at all. This doesn't happen to any
normal stock. The sell down was obviously "sinadya", possibly to weed
out the weak hands in the market. This just goes to show you, when you
play with JAP stocks, you simply just have to believe or don't play it
strongest stock in the market last Friday was MAKE, formerly ATRK. The
reason - the change in symbol. Now do you understand why JAP will change
the name of DIZ to JinHao. I know, it's just too deep to be understood
even by a Harvard graduate.
Friday marked the 3 year anniversary of the lows that the US markets
formed on Mar 9, 2009. From that point, the Dow is up by exactly 101%
and the PSEi is up by exactly 163%.
Mar 8, 2012 (10:30 p.m.)
is an understatement for DIZ in the last two days. If you really think
about it, 1:1 @ P5.00 rights isn't really bearish but the market simply
took it as an excuse to sell. Of course, JAP became the ultimate
contrarian and bought everybody out. Could it be that DIZ has bottomed
out today at 32.05?
anyone notice the 27 million cross transaction in LIHC last Tuesday?
Could it be true that Chucky is now totally out of LIHC? Could this be
the same scenario as NI wherein a big stockholder was bought out by JAP
at 3.00 to 5.00? With LIHC having a market cap of just P1 billion, this
is a potential three bagger in the making! Take note, DIZ has a market
cap of P3 billlion, while NI has a market cap of P10 billion.
bet a lot of people are having a tough time trading JAP. To trade JAP
profitably, you have to be either an ultra-Tsupitero, wherein you try
and take a few flucs several times a day, or, you simply buy and
believe. If you are somewhere in the middle, you won't make money.
Among the Gatchalian stocks, notice that it isn't WIN or PHES that was
the strongest today, it was WPI. Could this be the beginning of WPI's
uptrend? Could it be that CLSA has now been totally taken out?
There are only two groups of stocks to watch this year - JAP and Gatchi!
Pick your fancy!
Mar 6, 2012 (11:00 p.m.)
currently down 140 points as of this writing. Could this be the start of
the correction for all world markets? I'll be damned if Dow still closes
JAP be immune? Well, if you base it on today's behavior, it doesn't seem
like they'll be immune but who knows? Only JAP knows.
broke out of its consolidation today. Could this be the start of
something big, or, could this be another fluke?
GMA-7/GMAP certainly looks and feels like a "distribution phase" to me.
If so, MVP will not bid any higher than P40 billion.
Mar 5, 2012 (9:00 a.m.)
the way JAP stocks has been moving in the last few weeks, everybody in
the PSE is now getting "forced" to play his stocks. You don't play JAP,
you get left behind. I, myself, who doesn't like playing his stocks
because of its whipsawish nature, have begun playing it already since a
few weeks ago.
the way GMA7 moved last Friday, could it be that MVP is going to bid
higher than P40 billion? The main play is no longer GMAP but GMA7.
and CIP should be interesting today.